Vol. 5 Num 1097 Mon. July 02, 2007    
 
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Business
 
2 customs houses start functioning in Ctg
Newly created Customs House (import) and Customs House (export), which came into being after the split of Customs House, Chittagong, started functioning yesterday to bring dynamism in customs activities.
 
Investments in EPZs rise 46pc in Jul-Feb
Investment in eight export processing zones (EPZs) in the country rose 46 percent in the first eight months of the 2006-07 fiscal, compared to the same period of the previous fiscal.
 
Southeast Asia's rail link with Europe soon
Bangladesh under the fold
Within the next few years, travelers from India will have the option of going to places like Singapore, Bangkok, Yangon, Tehran and even cities in Turkey by train, giving airlines a run for their money.
 
Banks asked to up capacity to check financial crimes
Bangladesh Bank Governor Dr Salehuddin Ahmed yesterday called upon banks to strengthen their supervision, monitoring and investigation capacities to check financial crimes.
 
EU energy market opens to competition
The entire EU energy market was thrown open to competition on Sunday, allowing consumers to choose their gas and electricity suppliers and spelling an end for monopolistic state-run utilities.
 
Kurds woo investors as Iraq knocks at the door
Northern Iraq's relatively stable Kurdish region is trying to attract oil prospectors and investors instead of insurgents in an ambitious bid to rival commercial hotspots like Dubai.
 
35 districts now under Warid net
Warid Telecom has brought seven more districts under its network coverage, making its footprints in 35 districts in just 50 days of its commercial launch, says a press release.
 
IFC, Brac to fight avian flu
IFC Advisory Services for South Asia -- the SouthAsia Enterprise Development Facility -- and Brac have agreed to work together to address the threat of avian influenza contamination at poultry farms and
 
Swiss watch makers to face new tougher regulations
Swiss watchmakers have agreed to new regulations making it more difficult for timepieces to receive the Swiss Made label, the official Swissinfo website reported on Friday.
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Square Toiletries's sales promotion programme launched
Square Toiletries Limited (STL) yesterday formally launched a new programme to directly know the needs of customers about its products.
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New chairman of Central Ins
Md Nurun Newaz Selim has been elected chairman of Central Insurance Company Ltd at a meeting of the Board of Directors of the company held in Dhaka recently, says a press release.
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Singer signs CSR deal
Singer Bangladesh Limited as part of its commitment to corporate social responsibility (CSR) signed an agreement with Fareea Lara Foundation yesterday, says a press release.
 
Chavez fires back in feud with Brazil
President Hugo Chavez said Saturday he might withdraw Venezuela's application for full membership in the Mercosur trade bloc, his press office said, after a tiff with Brazilian lawmakers.
 
US, South Korea sign landmark free trade pact
The United States and South Korea signed Saturday a landmark free trade agreement, the biggest such deal for Washington in nearly 15 years, but the US Congress has indicated it may not approve the pact.
 
Iran foreign currency assets rise 30pc
Iran's foreign currency reserves held in foreign banks have risen by 30 percent to total the equivalent of 558,000 billion rials (61.
 
Fiat to breathe new life into China venture
Italy's Fiat and China's Nanjing Auto plan to breathe new life into a troubled joint venture, Nanjing Fiat, with an extra three billion yuan (390 million dollars) investment, state media said Sunday.
 
Correction
The para starting with export and expatriate remittance in the write-up `State of the economy and accountable development' published on this page yesterday, contains a typing error.
 

 
   
 
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